All homes

$489,950

7515 97th Avenue

Lakewood, WA 98498

Active

Beds

3

Baths

2

Sq Ft

1,560

Lot

0.19 ac

Year built

1978

Type

Residential

Days listed

5

MLS #

2580582

About this home

Incredible opportunity awaits in Lakewood’s highly sought-after Oakbrook neighborhood! Situated within the historic Steilacoom School District, this classic 1,560 sq ft rambler delivers single-level living with outstanding potential. Featuring 3 bedrooms and 1.75 baths, the home boasts great bones and valuable recent improvements, including a brand-new roof and stylish updated flooring. Step inside to a bright, light-filled layout with large windows that welcome abundant natural sunshine. The inviting living room centers around a cozy fireplace, creating the perfect space to unwind. While the home retains much of its original charm, it offers an exceptional blank canvas to personalize, update, and build instant equity over time. Outside, the generous 8,250 sq ft lot provides ample space for gardening, entertaining, or outdoor play. Even better, the property sits right next to the neighborhood park, giving you expansive green space and recreation right at your doorstep without the maintenance. Whether you are a first-time homebuyer looking to establish roots in a prime Pacific Northwest community or an investor seeking a high-upside rental or remodel project, this property checks every box. Enjoy convenient access to local shopping, dining, parks, golf and major commuter routes. Priced to sell and brimming with possibilities—bring your vision and make this beloved rambler your own today!

Interior features

Bath Off PrimaryDining RoomFireplace

Exterior features

Wood

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Cherrydale Elem

Middle

Pioneer Mid

High

Steilacoom High

Property details

Heating
Forced Air
Cooling
None
Flooring
Laminate
Parking
Attached Garage
Lot
Paved
Water source
Public
Sewer
Sewer Connected
Levels
One
Fireplaces
1

Costs

Price / sq ft
$314
Annual taxes
$5,022 (2026)
HOA dues
$30 / annually

Estimate your monthly payment

$2,898/mo

Principal & interest
$2,477
Property taxes
$419
HOA dues
$3
Loan amount $391,960

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lakewood, WA 98498

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Gateway Real Estate— Jenah Mahan.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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